NEW DELHI (Commodity Online): India's coffee exports surged by 37% in the seven months ended in February due to the strong demand from the major importing countries, said Coffee Board of India.
Overseas sales in the January-April period were 102,258 tons, compared with 71,502 tons, Nagarajaiah said. Shipments included 18,871 tons of re-exports, up from 5,338 tons in the year-earlier period, he said. Italy and Russia were among the buyers of Indian coffee.
Meanwhile, the coffee production is forecasted to spurt by 10% this year to 289,600 tons as compared to the last year, the Board said.
Tata Coffee Ltd. and its domestic rivals shipped 147,035 metric tons in year started on October 1, compared with 107,651 tons a year ago, Deputy Director N.V. Nagarajaiah said by phone from Bangalore today. Exports fetched $315 million, 25 percent more from a year ago.